Range Hood Market, By Product (Under Cabinet, Wall Mount, Ceiling Mount, Others), By Application (Residential, Commercial), By Distribution Channel & Forecast, 2024 – 2032

Range Hood Market Size

Range Hood Market was valued at approximately USD 19.9 billion in 2023 and is anticipated to register a CAGR of 6.8% between 2024 and 2032. People are becoming increasingly aware of the health risks associated with poor indoor air quality. Range hoods play a crucial role in eliminating airborne pollutants, smoke, grease, and odors generated during cooking. This focus on healthier living environments is driving demand for advanced and effective range hood solutions.

The range hood industry is experiencing a surge in popularity, and a big reason for that is a growing focus on indoor air quality (IAQ). People are being more and more concerned about their health, including the air they breathe at home. The need for range hoods is being driven by the realisation of the negative health effects of low IAQ. One may cleanse the house from dangerous cooking residue and make it healthier for your family and yourself with a range hood.
 

Although open floor layouts are a popular element of modern kitchen designs, they can be troublesome for controlling cooking emissions and odours. In these designs, range hoods become indispensable because they keep residual odours from seeping throughout the entire room and landing on furniture.

Installing a range hood can be difficult and occasionally call for expert assistance. Additionally, some customers may be hesitant to buy a new range hood because of concerns about compatibility with their current ventilation systems.
 

Furthermore, compatibility with existing ventilation systems might be an issue. Consumers might hesitate to purchase a new range hood if extensive modifications are needed to connect it to their current ventilation setup. These installation and compatibility challenges can act as deterrents, hindering wider adoption of advanced range hoods in the market.
 

Range Hood Market Trends

The days of large, noisy range hoods taking over the kitchen are long gone. The minimalist aesthetic is given priority in modern designs, which frequently include under-cabinet installations that blend in perfectly with the cabinetry and slick stainless-steel finishes. By doing this, the range hood becomes less of an appliance and more of a fashionable element that completes the look of a modern kitchen.
 

Thus, everyone wants a range hood that doesn't sound like a jet engine taking off, powerful ventilation is still necessary. With features like several speed settings and enhanced fan technology, manufacturers are creating smoother operation. Simply consider of being able to converse and cook without having to listen to the loud extractor fan all the time. Particularly in open floor plan layouts, this quiet operation makes the kitchen a more pleasant and tranquil place.
 

Range Hood Market Analysis

Based on product, the market is segmented into under cabinet, wall mount, ceiling mount and others. The wall mount segment held the maximum share in the market with revenue of USD 8.6 billion in 2023, which is anticipated to grow at a CAGR of 7% during the forecast timeframe.
 

The wall mount segment is the traditional workhorse of the market. These hoods are installed directly onto the wall above your cooktop, offering a familiar and effective solution for ventilation. They come in various sizes to fit different kitchen layouts and offer a range of features, from basic exhaust fans to powerful models with multiple fan speeds and lighting options.
 

Based on application, the market is segmented into residential and commercial. The residential segment held 73% of the total market share in 2023 and is anticipated to grow at a CAGR of 7.1% during the forecast period.
 

The residential segment reigns supreme in the global range hood market, accounting for the largest share of sales. This dominance is driven by several factors which includes increasingly prioritizing a healthy and comfortable cooking environment and the popularity of open floor plans.
 

The Asia Pacific range hood market was valued at around USD 10.2 billion in 2023 and is anticipated to register a CAGR of 7.1% between 2024 and 2032.
 

Additionally, with its passion with rice and stir-fries, the Asia Pacific area dominates the range hood industry, bringing liveliness to kitchens. Due to the high levels of smoke, oil, and odors produced by various cooking methods, range hoods are necessary to keep kitchens tidy and aesthetically pleasing.
 

North America: In terms of country, the U.S. dominated the range hood industry with a revenue of around USD 2.7 billion in 2023 and is expected to grow at a CAGR of 6.4% in the forecast timeframe. In the U.S., the market is characterised by high demand for both functional and aesthetically pleasing kitchen appliances. The growing trend of home renovation and remodelling projects particularly in the kitchen has significantly driven the demand for range hoods in the country. American consumers prefer range hoods that combined powerful ventilation capabilities and modern design elements.
 

In Canada, the range hood market mirrors many of the trends seen in the US, with an emphasis on quality functionality and design. Canadian consumers value range hoods that offer strong performance in terms of ventilation and air quality essential for maintaining a healthy kitchen environment.
 

Europe: The European market is experiencing significant growth driven by increasing consumer awareness about indoor air quality and the desire for modern kitchen aesthetics. European consumers prioritise high performance energy efficient and stylish range foods that complement their kitchen designs.
 

In Germany, the range hood industry reflects the broader European trends with an added emphasis on quality efficiency and innovation. German consumers are known for their preference for high quality durable appliances that deliver excellent performance and the demand for range hoods in Germany is driven by the increasing awareness of importance of indoor air quality and the trend towards modern well-equipped kitchens.
 

Asia Pacific: In terms of country, China market is experiencing robust growth driven by rapid urbanization, rising disposable incomes and an increasing focus on home improvement and modern kitchen designs. Chinese consumers are becoming more aware of the importance of indoor air quality especially in densely populated urban areas where air pollution is a significant concern, and this has led to a growing demand for range hoods that effectively remove smoke, odour and grease from kitchens.
 

In India, the market is growing steadily as more consumers recognise the benefits of effective kitchen ventilation. Traditionally Indian cooking involves a lot of crying and use of strong spices which generates smoke and odours making range hoods and essential kitchen appliance. Indian consumers are increasingly opting for range hoods that offer powerful suction, easy maintenance and durability to handle the demands of Indian cuisine.
 

Range Hood Market Share

Key players in the range hood industry are Whirlpool Corporation, Fotile Overseas kitchen Appliances Company Limited, GE Appliances, Broan-nuTone, LLC, and Midea Group. Together these companies have a market share of 15%-20% of the total market with fierce competition in this market and driving continuous advancements and the introduction of new features to meet the evolving demands. These companies are recognised for their innovation quality and ability to adapt to changing market demands.
 

Range Hood Market Companies

Major companies operating in the market include:

• Broan-NuTone, LLC
• BSH Hausgeräte
• Elica S.P.A
• Faber SPA
• Fotile Overseas Kitchen Appliances Co. Ltd
• GE Appliances
• Kobe Range Hoods
• Midea Group
• Miele, Inc.
• Pacific Hoods, Inc.
• Samsung Electronics
• Viking Range LLC
• Whirlpool Corporation
• Windster Hoods
• XO Ventilation
• Zephyr Ventilation
   

Range Hood Industry News

• In April 2024, Elica S.P.A, a leader in the global market, recently announced the launch of its new line of smart range hoods equipped with advanced features like app connectivity and voice control. These range hoods are designed to integrate seamlessly with smart home systems allowing users to control their kitchen ventilation through their smartphones or voice assistants.
   
• In December 2023, Bosch introduced a new series of ultra quiet range hoods designed to provide powerful ventilation while maintaining a low noise level. These range hoods incorporate advanced sound dampening technology and efficient motors to ensure that they operate quietly making them idle for open plan kitchen layouts.
   
• In August 2023, Faber known for its stylish and innovative range hoods has partnered with leading home design influencer to promote its latest product line and this collaboration aims to showcase how Faber range hoods can enhance kitchen aesthetics while providing effective ventilation.
   

The range hood market research report includes in-depth coverage of the industry, with estimates & forecasts in terms of revenue (USD billion) from 2021 to 2032, for the following segments:

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Market, By Product

• Under Cabinet
• Wall Mount
• Ceiling Mount
• Others

 Market, By Application

• Residential
• Commercial
  • Restaurant
  • Hotel
  • Café
  • Others

Market, By Distribution Channel

• Direct Selling
• E-Commerce
• Others

The above information is provided for the following regions and countries:

• North America
  • U.S.
  • Canada
• Europe
  • Germany
  • UK
  • France
  • Italy
  • Spain
  • Rest of Europe
• Asia Pacific
  • China
  • Japan
  • India
  • South Korea
  • Australia
  • Rest of Asia Pacific 
• Latin America
  • Brazil
  • Mexico
  • Argentina
  • Rest of Latin America
• MEA
  • Saudi Arabia
  • UAE
  • South Africa
  • Rest of MEA